Shell
Is this an opportunity to take a position ahead of the results?
Royal Dutch Shell publishes Q3 Results on Thurs, 2 May.
- Last time Royal Dutch Shell reported: Q4 Results, 31 Jan.
- The shares rose as much as 4.7% on the day for a daily range of 47p or 2.1%.
- Shares -3.8% from 2018 highs; +10.1% from 2018 lows; +4.8% year-to-date.
- Currently 2452p (at time of writing).
- Will we see another big share price move on Thursday?
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal
Trading Royal Dutch Shell – An Example
Let’s say you think that Royal Dutch Shell results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Royal Dutch Shell using CFDs, at the current price of 2452p. To do this, you need £2,000.
For the purpose of this example, let’s assume Royal Dutch Shell reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.
Conversely, let’s assume you open the position, and place a stop-loss 5% below the current price. Royal Dutch Shell results miss, it falls 5% and hits your stop-loss. Your loss would be £500.
This is provided for information purposes only. It should not be taken as a recommendation.